This contains a vast array of comparison charts between the first presidential terms of Trump and Biden. Some of them have been in the HOTLINE before and have been updated. Many others are brand new.
Take a look and let us know what you think! Our goal is to get this in front of several million Americans.
We are presenting it to Trump at the RNC convention this week, and we hope to have the opportunity to present to Biden at the DNC as well. (though he may not like the results).
2) Government is the Biggest Growth Industry Under Biden
Here's one amazing comparison in the chartbook. We have noted many times that the biggest increase in employment in the last two years under Biden has been in government.
Here are the totals under the two presidents. Public payrolls since Biden came into office are up by an astonishing 1.7 million net hires. Health care, which is quasi-governmental at this point, is up 1.65 million.
By contrast, under Trump, ALL of the net new jobs on the net were outside of government and health care.
Government employment actually shrank during Trump's first term, mostly due to reductions in hiring at the state and local level.
We still can't figure out why - given the $2 trillion federal deficit and the tens of billions of dollars of unfunded state and local pension liabilities – states, localities, and feds keep adding to their payrolls.
3) Trial Lawyers Want $7 Billion for Suing Elon Musk
This headline is another reminder that trial lawyers are parasites on the American economy:
This was the lawsuit against Tesla CEO Elon Musk's $55.8 billion pay package. We don't have an opinion on whether that pay package was appropriate or defensible.
But the $7 billion fees request comes out to $370,000 AN HOUR for the lawyers. Musk won't pay most of those legal fees. Tesla shareholders will. The trial lawyer sharks are seeking more than 29 million shares – plus a million bucks "to cover their expenses."
If indeed the shareholders were defrauded, how is this transfer of stock to the lawyers benefiting the people who were allegedly injured?
4) Interest On the Federal Debt Now the Second Biggest Spending Item
Our friends at Issues & Insights have taken note of Joe Biden's newest achievement as a president.
The Treasury Department reports that for the first time interest on the national debt costs more than any other spending category save one.
Social Security comes in first at $1.1 trillion annually. Then the $682 billion in interest payments on the debt, which surpasses the $670 billion in health care costs. National defense falls just behind health care.
Isn't there something terribly wrong with a country that spends more money on interest payments on debt than on its national security?
Things aren't getting better; they're getting worse. The federal deficit is expected to reach $1.9 trillion by the time this fiscal year is over, which is up from $1.7 trillion last year and $1.4 trillion the year before that.
Quick: can anyone think of a single government program out of the many thousands that Biden wants to get rid of? We can't. There must be something in the dusty closet that Old Joe could shut down.
5) 15 Months After RFK Jr. Announced, Biden Finally Grants Him Secret Service Protection
Wait! We have discovered something the Biden administration hasn't wanted to spend money on: Secret Service protection for independent presidential candidate Robert Kennedy Jr. Despite a constant stream of threats against him and despite the fact that his Uncle JFK and his father RFK were both assassinated, nothing.
After the Trump assassination attempt, President Biden finally relented and ordered the protection, which costs $38,000 a day.
One of the loudest advocates for RFK receiving Secret Service protection was Donald Trump.
"Given the history of the Kennedy Family, this is the obvious right thing to do!" Trump wrote on Truth Social.
